Information on the [Group’s] risk management process and control of certain risks are set out in the Corporate Governance section. Details of the financial instruments used for these purposes are set out in Note 50 of the Financial Statements.
Indemnities
The Company has agreed in writing to indemnify, to the extent permitted by law, each of the directors against any liability incurred by the director in respect of acts or omissions arising in the course of their office. The indemnity, which remains in force, was in force throughout 2008. Copies of the documents are available for inspection at the registered office and will also be available at the AGM.
Qualifying pension scheme indemnities (as defined under s. 235 of the Companies Act 2006) were granted, to the extent permitted by law, to certain trustees of the Company’s pension schemes.
Insurance
The Company maintains an appropriate level of Directors’ and Officers’ liability insurance which is reviewed annually.